Category Archives: GRC (Governance, Risk & Compliance)

Brexit To Save CIty £12 Billion A Year In Slashig EU Red Tape

By ECM Plus Staff

Britain’s financial services sector will gain an extra £12 billion a year in revenues as a result of the nation taking back control of regulation when it leaves the EU, according to a new report.

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Filed under Accounting, Brexit, Business Continuity, Business Risk, Corporate Governance, Corporate Social Responsibility (CSR), Finance, GRC (Governance, Risk & Compliance), Internal Controls, Regulatory Compliance, Risk Analysis, Risk Assessment, Risk Management

Research confirms that Facebook, Twitter and Google are spying on users

big brother

big brother (Photo credit: Vince_Lamb)

Social networks: can robots violate user privacy?

ECM Plus +++ Recent news in the international media has revealed numerous Internet privacy concerns that definitely deserve attention and further investigation, which is why Geneva-based High-Tech Bridge  decided to conduct a simple technical experiment to verify how the 50 largest social networks, web services and free emails systems respect – or indeed abuse – the privacy of their users.

According to High-Tech Bridge, the experiment and its results can be reproduced by anyone, as we tried to be as neutral and objective as possible. Continue reading

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Filed under Analysis, Analytics & Metrics, Business Risk, Compliance, Content Curation, Content Governance, Content Management, Content management system (CMS), Content Protection, Content Security, Corporate Civic Responsibility (CCR), Corporate Governance, Customer Relations Management (CRM), Data mining, Data privacy, Data protection, Data storage, Digital asset management, Enterprise Content Management, GRC (Governance, Risk & Compliance), Industry News, Information Governance, Information Management, Information security, Intellectual Property (IP), Intelligent Search, Legal, Policy Management, Regulatory Compliance, Reporting, Risk Analysis, Risk Assessment, Risk Management, Security Content Management (SCM), Social Content Management, Trusted Cloud, UGC - User-generated content, WCM

Amazon and eBay implicated in data protection scandal

Privacy International 2007 privacy ranking Con...

Privacy International 2007 privacy ranking Consistently upholds human rights standards Significant protections and safeguards Adequate safeguards against abuse Some safeguards but weakened protections Systemic failure to uphold safeguards Extensive surveillance societies Endemic surveillance societies (Photo credit: Wikipedia)

Online retail giant and auction behemoth site lobbyists found to be writing EU data protection law in copy-paste legislation scandal

ECM Plus +++ A European privacy group claimed today that dozens of amendments to the new Data Protection Regulation being proposed by Members of the European Parliament (MEPs) are being copied word-for-word from corporate lobby papers, with MEPs frequently failing to even remember their own amendments. Max Schrems, of the website and campaign Europe v Facebook, noticed striking similarities between proposed amendments and lobby papers written by representatives of Amazon, eBay, the American Chamber of Commerce and the European Banking Federation. Continue reading

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Filed under Corporate Social Responsibility (CSR), Data privacy, Data protection, Enterprise Content Management, Industry News

Half of firms suffering from cloudphobia – survey

Snoopers (sic) Paradise

Snoopers (sic) Paradise (Photo credit: the justified sinner)

Fear of governments snooping deters companies from using the cloud

ECM Plus +++ Almost half of IT experts are deterred from keeping sensitive data in the cloud because of fear of government intervention and possible legal action, according to a new survey from Lieberman Software which was released today. Continue reading

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Filed under Analysis, Cloud Computing, Collaboration, Compliance, Corporate Governance, Data centres, Data Governance, Data mining, Data privacy, Data protection, Enterprise Cloud, Hybrid Cloud, Information Management, Information security, Internal Controls, Policy Management, Private Cloud, Public Cloud, Risk Analysis, Risk Assessment, Risk Management, Trusted Cloud, VPS Cloud

FEATURE: The Wisdom Of Integral Management Vs. Corporate Narcissism

First Meeting

Meetings: Corporate Narcissism? (Photo credit: lhl)

by Mats Eriksson

You have probably already heard this ancient wisdom tale: There was once a king who wanted to marry off his daughter. Naturally he wanted to find a smart and wise son-in-law. So he arranged a test for all her suitors. They had to go into a dark room and determine what was in it. Continue reading

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Filed under Analytics & Metrics, Balanced Scorecard, Business Intelligence (BI), Business process analytics, Business Process Management, Business Process Re-engineering (BPR), Collaboration, Consultancy/Consulting/Systems Integration, Enterprise Resource Planning (ERP), Internal Controls, Management, Management Science, Planning & Forecasting, Policy Management, Six Sigma, Total Quality Management (TQM)

FSF crashes Windows 8 launch with free software campaign

Activists trick-or-treat for free software at Windows 8 launch event

By ECM Plus staff

ECM Plus /New York/ +++ Visitors to the primary Windows 8 launch event were greeted by an unexpected and uninvited visitor – a gnu.

Activists, one dressed as the free software movement’s buffalo-like mascot, converged on Microsoft’s event to distribute pamphlets about the hidden dangers of Microsoft’s latest proprietary creation. The Halloween-themed action included plastic pumpkin buckets full of DVDs loaded with Trisquel, a free software distribution of the GNU/Linux operating system. Continue reading

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Filed under Corporate Social Responsibility (CSR), Enterprise Content Management, Industry News, Open Source, SharePoint, Software

Oil giant demands disclosure of private emails

English: Chevron Corporation headquarters in S...

Chevron Corporation headquarters in San Ramon, California. (Photo: Wikipedia)

EFF and ERI fight to quash ‘speech-chilling’ subpoenas from Chevron

The Electronic Frontier Foundation and EarthRights International (ERI) have requested judges in California and New York to quash subpoenas issued by Chevron Corporation to three email providers demanding identifying information about the users of more than 100 email accounts. Continue reading

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Filed under Citizen Journalism, Document archiving & retrieval, Document Management, Email management, GRC (Governance, Risk & Compliance), Information Governance, Information Management, Legal

Chaos abounds as BYOD costs prompt confusion

Confused Man Reading a Bill or Bank Statement

Cost confusion and chaos in BYOD (Photo: s_falkow)

Fiercely divided opinion on BYOD despite ‘hype’

By ECM Plus staff

ECM Plus /London/ +++ A new survey has revealed that fears are rising around the hidden costs of BYOD deployment – as well as ‘class divides’ and evidence that company managers are using BYOD to ‘pacify’  staff.

Moreover, some IT managers are even asking ‘is it worth surrendering control just to raise staff morale?’

Opinion is still divided when it comes to implementing ‘Bring Your Own Device’ strategies within businesses, with many at the top suggesting that such deployments create more problems than they solve. Continue reading

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Filed under Analysis, Budgeting, Business Process Management, Business Risk, BYOD, Collaboration platform, Content Security, Industry News, Information Management, Information security, Intranets & Portals, Mobile Apps, Risk Analysis, Risk Assessment, Risk Management, Software, Workflow

Big Corporates Choking SMEs With Late Payment – Survey

234 of 365- On hold after dealing with automat...

On hold after dealing with automated system (Photo credit: Pahz)

Late payments debt high enough to put UK SMEs out of business

By ECM Plus staff

ECM Plus /London/ +++ As the number of British small and medium-sized businesses facing late payments reaches more than a million – with a total aggregated outstanding debt of almost £36.4 billion, many SMEs are in danger of going under.

That’s the startling finding according to new research undertaken for payment specialists BACS.

According to the shocking findings, nationally, the average amount owed to one of Britain’s SMEs is £36,000 – yet 35 percent of SMEs reported that late payment debts of up to just £20,000 would be enough to put them out of business, in a survey by BACS Payment Schemes, the company the runs the Direct Debit system. Continue reading

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Filed under Analysis, Asset management, Business Continuity, Business Risk, Contingency Planning, Corporate Social Responsibility (CSR), Finance, GRC (Governance, Risk & Compliance), Risk Analysis, Risk Assessment, Risk Management

Euro crisis to last a decade – Farage

Nigel Farage with Members of the University of...

Nigel Farage with Members of the University of York Freedom Association Society (Photo credit: The Freedom Association)

Currency crisis to bring ‘creeping European dictatorship’

ECM Plus /London/ +++ Businesses trying to plan investment for the future and commerce with increasing mountains of bureaucratic ‘jobsworth’ red tape, compliance, regulations and directives from across the sea had a wake up call this week.

Responding to the ‘State of the Union’ speech by Eurocrat Manuel Barroso, UKIP leader Nigel Farage said Barroso had “totally underestimated the complete fanaticism, Mr Barroso of you, your college of commissioners and the European central bank.” Continue reading

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Filed under Business Risk, Collaboration, Compliance, Finance, GRC (Governance, Risk & Compliance), Industry News, Policy Management, Risk Analysis, Risk Assessment, Risk Management, Trade & Investment

Businesses boot out banks as ‘trust’ collapses

Cleaning up JPMorganChase

(Photo credit: Truthout.org)

Survey finds SMEs divorcing bank managers

By ECM Plus staff

ECM Plus /London/ +++ Bank managers are being ditched and divorced, as accountants, lawyers and finance directors become the most trusted financial advisers, according to new research into small to medium-sized enterprises.

The new research of 1,000 British small to medium-sized companies by Hitachi Capital Invoice Finance looked at SMEs attitudes and how they really felt about who they trust to keep their business on track. Continue reading

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Filed under Accounting, Analysis, Asset management, Balanced Scorecard, Beyond Budgeting, Budgeting, Business Continuity, Business Risk, Capital Management, Contingency Planning, Finance, Legal, Planning & Forecasting, Private Finance, Risk Analysis, Risk Management, Six Sigma, Trade & Investment

Finance reports ‘out of date’ and ‘inaccurate’ – survey

Stack 'em high

Stack ’em high (Photo credit: ant.photos)

46 per cent of finance departments believe reports they produce are never used

By ECM Plus staff

ECM Plus /London/ +++ Nearly half of managers and directors view reports produced by someone else no more than once per week. An alarming 46 per cent of finance professionals believe that they produce reports that are never used and 63 per cent believe that senior managers should make more use of financial information. Continue reading

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Filed under Analysis, Balanced Scorecard, Beyond Budgeting, Budgeting, Consultancy/Consulting/Systems Integration, Document asset management, Document Automation, Document Management, Finance, Forms management, processing, eForms, Governance Automation, GRC (Governance, Risk & Compliance), Output management, Planning & Forecasting, Records Management, Reporting, Six Sigma

Big bank insider exposes $20bn UBS tax evasion, awarded $104m

National Whistleblowers Center – www.whistleblowers.org

Whistleblower bags massive $104 million reward for foiling bankster scam

By ECM Plus staff

ECM Plus /Washington, D.C./ +++ Former UBS banker Bradley Birkenfeld has won a massive whistleblower reward of $104 million for his contributions in providing the U.S. Government with insider information on UBS’ illegal offshore banking scheme.

According to the National Whistleblowers Center, this is believed to be the largest reward ever given to an individual whistleblower in the United States and the first major reward issued under the IRS tax whistleblower law. Continue reading

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Filed under Accounting, Asset management, Business Intelligence (BI), Business Rules, Capital Management, Compliance, Corporate Civic Responsibility (CCR), Corporate Governance, Corporate Social Responsibility (CSR), Document Management, eDiscovery, Electronic Document Management & Delivery, Finance, GRC (Governance, Risk & Compliance), Industry News, Information Governance, Information Management, Internal Controls, Investor Relationship Management, Legal, Policy Management, Private Finance, Private Wealth, Records & Information Management (RIM), Regulatory Compliance, Reporting, Risk Analysis, Risk Assessment, Risk Management, Segregation of Duties (SoD), Trade & Investment, Wealth Management

Business crowdfunding to boost economy

panorama of sheffield - south yorkshire

Sheffield to play host to crowdfunding event. Photo: Paolo Margari

British business owners become their own financiers, set to make banksters obsolete 

By ECM Plus staff

ECM Plus /London/ +++ So fed up are British business owners with the bankster establishment, their disinterest in lending or supporting the economy that a group of British entrepreneurs, dissatisfied with ‘business-as-usual’, have come together to ‘tear up the rulebook’  and ‘cutting out the middle-men’. Continue reading

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Filed under Accounting, AIM - Alternative Investment Management, Asset management, Brand asset management, Budgeting, Business Risk, Capital Management, Crowd-funding, Equity Capital Markets, Finance, GRC (Governance, Risk & Compliance), Industry News, Investor Relationship Management, Planning & Forecasting, Private Finance, Private Wealth, Risk Management, Trade & Investment, Wealth Management

Foundation sues over email and phone hacking allegations

EFF_logo_white

Electronic Frontier Foundation

EFF says government ‘withholding information’ about ‘unconstitutional spying’

Washington, D.C. – The Electronic Frontier Foundation (EFF) sued the Department of Justice (DOJ) today, demanding answers about illegal email and telephone call surveillance at the National Security Agency (NSA). Continue reading

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Filed under Collaboration, Compliance, Content Governance, Content Protection, Content Security, Corporate Civic Responsibility (CCR), Corporate Governance, Customer Relations Management (CRM), Data Governance, Data mining, Data privacy, Data protection, Data storage, GRC (Governance, Risk & Compliance), Industry News, Information Governance, Information Management, Information security, Internal Controls, Policy Management, Regulatory Compliance, Risk Management, Security Content Management (SCM), Segregation of Duties (SoD), Software, Telecommunications, Web governance

British businesses hurt by poor Internet coverage – survey

2012_04_280012 Jeremy Hunt preached the minist...

Jeremy Hunt preached the ministerial code (Photo credit: Gwydion M. Williams)

Government policy under fire as new survey reveals Internet strategy should focus on coverage not speed

By ECM Plus staff

ECM Plus /London/ +++ A new report of 1,500 British small businesses reveals that 57 percent stated that the ‘poor quality of their internet access’ is now adversely affecting their ability to do business.

According to the findings, by Freelancer.co.uk, small businesses in Britain are now at odds with Culture Secretary Jeremy Hunt, who reiterated in a speech at the Google Campus building that broadband speed is more important than coverage. Continue reading

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Filed under Accessibility, Analysis, Business Process Management, Business Risk, Cloud Computing, Collaboration, E-commerce & e-tailing, Telecommunications, Web accessibility, Web governance

Location data takes centre stage in legal case

U.S. Supreme Court building.

U.S. Supreme Court building.

Government faces new warrantless surveillance battle after losing landmark GPS tracking case as defendant pushes to exclude cell phone location data obtained without a warrant

A federal district court is poised to determine whether the government can use cell phone data obtained without a warrant to establish an individual’s location.

In an amicus brief filed last Monday, the Electronic Frontier Foundation (EFF) and the Center for Democracy & Technology (CDT) argue that this form of surveillance is just as unconstitutional as the warrantless GPS tracking the U.S. Supreme Court already shot down in this case. Continue reading

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Filed under Content Protection, Corporate Social Responsibility (CSR), Data Governance, Data privacy, Data protection, Data storage, Governance Automation, Industry News, Information Governance, Information Management, Information security, Mobile Apps, Mobile communication, Mobile Content, Software, Telecommunications

Smart grids at risk from cyber security in intelligent buildings

English: Intelligent building system - diagram.

Intelligent building system – diagram.

Cyber attacks render smart grids intrinsically unsafe

By ECM Plus staff

ECM Plus /London/ +++ Building owners and designers, and particularly members of the building services industry, are racing to implement intelligent buildings and smart grids, aaccording to new research from a London academic institution. Continue reading

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Filed under Analysis, Analytics & Metrics, Business Continuity, Business process automation (BPA), Business Process Management, Business Risk, Consultancy/Consulting/Systems Integration, Contingency Planning, Enterprise Application Integration (EAI), Enterprise architecture (EA), Enterprise Resource Planning (ERP), Information security, Project Management, Risk Analysis, Risk Assessment, Risk Management, Software

Social media shunned by Euro CIOs as 67% block content

CIOs shunning video and social media

Europe’s chief information officers banning YouTube, Facebook, Twitter

By ECM Plus staff

ECM Plus /LONDON/ +++ European CIOs are shunning social media for business, according to a new study by Easynet and Ipanema Technologies.

The research study said that chief information officers are risking ‘alienating customers’, as well as ‘creating ineffective marketing strategies’, and ‘demotivating’ their staff and ‘eliminating’ their competitive edge. Continue reading

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Filed under Analysis, Content Categorisation, Content Delivery, Content Management, Content management system (CMS), Content marketing, Digital asset management, Enterprise Content Management, Enterprise Social Software (ESS), Enterprise Social Technology, Marketing asset management, Risk Analysis, Risk Assessment, Risk Management, Social Content Management, Social Content Marketing, Software, Trusted Content

British exports to ROW exceed EU

Containerization

Trade exports to ROW now exceeds EU. Photo: Kaveri & Sameer

Trade figures find exports to ROW nations exceed European Union member states for the first time in 40 years as Europe ‘turns inward’.

By Alison Little

BRITAIN sent a defiant message to Europe yesterday after it emerged our trade is booming with the rest of the world. Continue reading

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Filed under Accounting, Analysis, Budgeting, Business Risk, Capital Management, Finance, Information Management, Private Finance, Private Wealth, Risk Analysis, Risk Management, Trade & Investment, Wealth Management

Walmart in the doghouse again as CSR slouches

Walmart Market

Every little helps

130,000 call out retail behemoth Walmart’s supplier for ‘forced labor’ and ‘brutal conditions’

VIDEO: http://www.youtube.com/watch?v=cVWos-FBLjQ

ECM Plus +++ In yet another corporate social responsibility PR blunder, a worker’s campaign on change.org is calls on retail giant Walmart to cancel a contract with a seafood supplier accusing the retail corporate of ‘forced labor’.  Continue reading

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Filed under Business Risk, Compliance, Corporate Governance, Corporate Social Responsibility (CSR), Customer Relations Management (CRM), GRC (Governance, Risk & Compliance), Investor Relationship Management, Policy Management, Risk Management, Vendor News

Anti-Apple campaign grows over Dickensian iPad workhouse shame

English: The logo for Apple Computer, now Appl...

Apple: Working practices rotten to the core?

Apple factory abuses spark viral online campaign

By ECM Plus

ECM Plus +++ 140,000 people have joined up against Apple Corporation’s abuse of its outsourced workers in China, with user Mark Shields’ campaign on Change.org asking Apple to stop ongoing abuse of workers at iPod and iPad sweat-shop factory conditions in China.

The 140,000 people across the world have joined an explosive campaign on Change.org calling on Apple to protect workers who assemble Apple products from abuse, injury, and death. Continue reading

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Filed under Corporate Social Responsibility (CSR), Enterprise Content Management, GRC (Governance, Risk & Compliance), Industry News, Project Management, Regulatory Compliance, Workflow

Yuan trade prospects good for Britain

Photograph of Brittania statue, taken 13th Jun...

Britannia on Plymouth Hoe

Hong Kong and England exchange would be good for future British prosperity as euro collapses

By PAUL QUIGLEY

ECM Plus +++ As Europe collapses under the strain of its top-heavy, over-debtedness and uber-bureaucratised idealism, the prospects for Britain are looking infinitely brighter in the light of recent exchange trade talks with the world’s second-largest economy, China.

Reports that the current British chancellor Osbourne is glad-handing the Chinese in the former British colony of Hong Kong comes as a welcome refrain for Britain’s social and economic prosperity, following the disintegration of the euro now taking place across the continent. Continue reading

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Filed under Accounting, AIM - Alternative Investment Management, Analysis, Analytics & Metrics, Asset management, Capital Management, Corporate Social Responsibility (CSR), Equity Capital Markets, Finance, GRC (Governance, Risk & Compliance), Private Finance, Private Wealth, Reporting, Wealth Management

Assets finding safe haven in Britain – report

EXPO REAL - International Trade Fair for Comme...

Safe as houses: assets bolt for Blighty's bricks

Economic jitters weigh heavy as property market indicators flatter to deceive

By ECM Plus staff

ECM Plus +++ The latest ‘Property Snapshot’ by real estate analysts Colliers International reveals that the lack of robust property fundamentals continues to be more than offset by international economic and political fear.

According to Colliers, safe haven investment is now flowing into British property, in what it calls ‘a defining market feature.’

Key new findings for the economy, Colliers said that despite a positive Q3 of 2011 GDP outturn, uncertainty and concerns about Britain’s economic prospects, what it calls the ‘Eurozone fallout’ and financial issues continue to restrain capital investment and consumer spending substantially. Continue reading

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Filed under Analysis, Asset management, Budgeting, Business continuity, Business Continuity, Business Risk, Contingency Planning, Corporate Governance, Disaster Recovery, Equity Capital Markets, GRC (Governance, Risk & Compliance), Investor Relationship Management, Risk Analysis, Risk Assessment

People power now funding new businesses

Bicycle

Bank liquidity drought and risk aversion sees Peoplefund.it ‘crowd’ financing taking up the slack, from Frome to Fontainbleu and beyond

By ECM Plus staff

ECM Plus +++ A new venture in South West England is blazing a trail in post-meltdown financing for new, small businesses.

The Bicycle Academy, tipped to be fastest “crowd-funded” enterprise in UK is a Frome-based enterprise which builds bicycles to send to people in Africa, and is ready for business thanks to a revolutionary new website backed by Hugh Fearnley-Whittingstall.

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